Daily Archives: Dec 18, 2008

 
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The unraveling global economy and its effect on our companies and our lives is about the only thing on people’s minds these days. So we asked the Cutter Business Technology Council Fellows for their advice to IT leaders about how to survive during this financial mess. Here are some snippets of what they advised. Tom DeMarco: “Take a deep breath and … reduce salaries. There is an unwritten law in companies that salaries can go up but can never go down. Repeal it. If you’re faced with a mandate to cut personnel costs by, say, 10%, you could do that by laying off 10% of staff. That way all of the pain is absorbed by …

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